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The government has set 185,000 places for the permanent Migration Program for the year 2024-25. Skill stream encompasses 132,200 places, out of these, which is about 70%.
From 2025-26, the government will plan to start the permanent Migration Program for four years at a time instead of just one year. To better manage the migration system, this change is part of the new Migration Strategy.
The Australian Government has announced a significant reduction in net overseas migration, effective from 1 July 2024. The migration numbers are projected to decrease by 110,000 people, with net overseas migration expected to drop from 528,000 in 2022-23 to 260,000 in 2024-25.
On 11 December 2023, the Australian Government unveiled a new Migration Strategy aimed at reshaping the skilled migration system. The key objectives include enhancing the skilled migration framework and focusing on skills that boost productivity. This permanent migration approach seeks to create an innovative and efficient workforce to support Australia’s future.
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